Tel Aviv-based K Health today closed a $42 million series D round to grow its telemedicine offering, bringing its total raised to date to $139.3 million. Beyond the fundraising, the 250-employee company announced it will collaborate with the Mayo Clinic to integrate the health system’s Clinic Data Analytics Platform, which includes clinical decision support tools for Mayo Clinic patients and…
Autodesk acquires Spacemaker for $240 million to boost AI development for designers
November 26, 2020
Autodesk today announced that it has acquired Oslo-based Spacemaker for $240 million. While Autodesk CEO Andrew Anagnost said he’s excited about the potential for Spacemaker to aid urban planning, he also believes the startup’s underlying technology will help catalyze AI…
Google today announced the launch of Tree Canopy Lab for Los Angeles, a tool that combines AI and aerial imagery to help cities see their current tree canopy coverage and plan future tree-planting projects. Google says that Tree Canopy Lab, which is a part of the company’s…
Abacus.AI raises $22 million to automate AI model creation, deployment, and maintenance
November 26, 2020
Abacus.AI (previously RealityEngines) is developing a service that automates machine learning model creation, deployment, and maintenance. Today the company raised $22 million in a series B round at an over $100 valuation. The round was led by Coatue, with participation from Decibel Ventures and Index Partners. The fresh capital comes as Abacus unveils Deconstructed, a suite of three standalone AI…
Presented by Dataiku
AI initiatives need more than a Center of Excellence. Being able to deploy AI at scale starts with choosing the operating model for your use cases and business objectives. For a deep dive into the three primary models, their pros and cons, plus…
AliveCor raises $65 million to detect heart problems with AI
November 26, 2020
AliveCor, a startup developing algorithms that detect atrial fibrillation, bradycardia, tachycardia, and other health issues from heart rate readings, today raised $65 million in funding. The company says the proceeds will be used to bolster go-to-market efforts as AliveCor…
EdgeQ emerges from stealth to bring AI to the edge with 5G
November 26, 2020
EdgeQ, a startup developing 5G systems-on-chip, today emerged from stealth with $51 million in funding. The 90-employee company says the fresh capital will accelerate its go-to-market efforts as it moves toward mass production of its chipset products.
With a team of semiconductor, 5G, Wi-Fi, and AI industry veterans hailing from Qualcomm, Intel, and Broadcom, EdgeQ is adopting a…
Boston-based DataRobot, a startup developing an end-to-end enterprise AI platform, today raised $270 million in an equity funding round led by Altimeter Capital. DataRobot says the pre-IPO round — which included new and existing investors T. Rowe Price, Blackrock…
Researchers investigate why popular AI algorithms classify objects by texture, not by shape
November 26, 2020
In a paper accepted to the 2020 NeurIPS conference, Google and Stanford researchers explore the bias exhibited by certain kinds of computer vision algorithms — convolutional neural networks (CNNs) — trained on the open source ImageNet dataset. Unlike humans…
InterVenn Biosciences raises $34 million to accelerate cancer test development with AI
November 26, 2020
InterVenn Biosciences today raised $34 million to further develop its platform for precision medicine. The New York-based startup says the funds will be used to accelerate its go-to-market, expansion, and ongoing product R&D efforts.
Mass spectrometry, a technique that measures the mass-to-charge ratio of ions, can be applied to genomics studies with implications for clinical medicine. But…
